Brent oil price shows more bullish bias to touch 86.00$ barrier now, reinforcing the expectations of continuing the bullish trend for the rest of the day, and the way is open to continue the rise to achieve our main waited target at 87.67$.

The EMA50 keeps supporting the suggested bullish wave, which will remain valid unless breaking 84.77$ and holding below it.

The expected trading range for today is between 83.70$ support and 86.80$ resistance.

Trend forecast: Bullish